Steno Research

Steno Research is a new macro and geopolitical research house. We are based out of Copenhagen, Denmark, but have an international team and a strong network of sources and partners around the world. The team is lead by Andreas Steno, previous global head of strategy at Nordea Bank, and Mikkel Rosenvold, former chief consultant in the Danish Ministry of Finance.

Macro and Geopolitical Research House

Head of Research and Global Chief Strategist, Steno Research

Andreas Steno

Head of Research and Global Chief Strategist

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>This week Germany’s biggest public union Verdi reached an agreement with the government, and other unions will likely follow</li>
<li>The wage negotiations will surely have an effect on core inflation in Germany and EU</li>
<li>The average worker conditions will improve, positively impacting the economy</li>
</ul>


This week Germany’s biggest public union Verdi reached an agreement with the government, and other unions will likely follow
The wage negotiations will surely have an effect on core inflation in Germany and EU
The average worker conditions will improve, positively impacting the economy


Wage Watch: Wage Negotiations in Germany to Taint the Disinflationary Picture?